The purchase price will need to reflect all the work you will need to do.

The original amount you paid may or may not reflect the appraised value of the home.

Rentals in nicer areas at higher price-points generally have less demand and the relative pricing reflected it.What expectations have changed for other investors?      

I have a w2 for my full time job and my rents I collect reflected on my tax return.

Something I would consider in a year, maybe 2, when things stabilize and I'm able to properly fund it and reflect in the rent rate.

It is time to rest and reflect.

It will be your foundation for success.If it’s a seller offer them the auction scenario of marketing and promoting for the highest dollar or a quick turn with an off market turn with the group of solid investors that rely on you.I’d recommend you hunt your own deals specifically  or , partner with one of your investors to continue to reflect your  commitment  to grow together .

Does this mean that the nominal housing price increase we are seeing in recent years is merely a reflection of inflation?

Below is a screenshot of the model results but see below for a break out of the assumptions:Purchase price = List price (room for negotiation)Closing Costs = Estimate from lenderDown Payment = requirement from lender @ 25%Interest rate = rate offered on a two unit rental from lender Total rents/Month = current rents in place (room to raise based on market) Property taxes, Insurance, Water/Sewer, Trash removal = all reflect actual amounts paid by current ownerVacancy rate = 10% of gross rent  Cap Ex = 5% of gross rentMaintenance & Repairs = 5% of gross rentMonthly free cash flow = $155Total ROI = 7.14%My question is simple, do you think this is a good deal?

Below is a screenshot of the model results but see below for a break out of the assumptions:Purchase price = List price (room for negotiation)Closing Costs = Estimate from lenderDown Payment = requirement from lender @ 25%Interest rate = rate offered on a two unit rental from lender Total rents/Month = current rents in place (room to raise based on market) Property taxes, Insurance, Water/Sewer, Trash removal = all reflect actual amounts paid by current ownerVacancy rate = 10% of gross rent Cap Ex = 5% of gross rentMaintenance & Repairs = 5% of gross rentMonthly free cash flow = $155Total ROI = 7.14%My question is simple, do you think this is a good deal?